What is the yield to call of a 20 year to maturity bond that pays a coupon

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What is the yield to call of a 20 year to maturity bond that pays a coupon rate of 6.54% per year, has a $1000 par value, and is currently priced at $1104? The bond can be called backin seven yearsat a call price of $1056. Assume annual coupon payments.

Round the answer to two decimal places in percentage form.

Posted Date: Jun 25, 2024 04:36 PM

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What is the yield to call of a 20 year to maturity bond that pays a coupon

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